Envestnet, Inc, together with its subsidiaries, provides intelligent systems for wealth management and financial wellness in the United States and internationally. It operates through Envestnet and Envestnet | Yodlee segments. The company's product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; Envestnet | Retirement Solutions, which offer a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provide research, due diligence, and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services.
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Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorBusiness Services
Phone312-827-2800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$812.36 million
Profitability
Miscellaneous
Employees3,920
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable
Envestnet (NYSE:ENV) Frequently Asked Questions
What is Envestnet's stock symbol?
Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."
How were Envestnet's earnings last quarter?
Envestnet Inc (NYSE:ENV) announced its quarterly earnings data on Thursday, November, 7th. The business services provider reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.02. The business services provider earned $236.08 million during the quarter, compared to analyst estimates of $233.02 million. Envestnet had a positive return on equity of 8.44% and a negative net margin of 2.35%. Envestnet's revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.53 earnings per share. View Envestnet's Earnings History.
When is Envestnet's next earnings date?
What guidance has Envestnet issued on next quarter's earnings?
Envestnet issued an update on its FY20 earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of $2.22-2.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.61. The company issued revenue guidance of $1.0175-1.0275 billion, compared to the consensus revenue estimate of $1.04 billion.
What price target have analysts set for ENV?
13 equities research analysts have issued 1-year target prices for Envestnet's shares. Their forecasts range from $71.00 to $95.00. On average, they anticipate Envestnet's stock price to reach $78.33 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for Envestnet.
What is the consensus analysts' recommendation for Envestnet?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 6 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Envestnet.
Has Envestnet been receiving favorable news coverage?
Media stories about ENV stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Envestnet earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Envestnet.
Are investors shorting Envestnet?
Envestnet saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,900,000 shares, a decrease of 17.4% from the January 15th total of 2,300,000 shares. Based on an average daily volume of 372,200 shares, the short-interest ratio is presently 5.1 days. Currently, 3.8% of the shares of the stock are sold short. View Envestnet's Current Options Chain.
Who are some of Envestnet's key competitors?
Some companies that are related to Envestnet include Facebook (FB), Equinix (EQIX), Twitter (TWTR), eBay (EBAY), CoStar Group (CSGP), Verisign (VRSN), SEA (SE), Akamai Technologies (AKAM), J2 Global (JCOM), LogMeIn (LOGM), ANGI Homeservices (ANGI), Cornerstone OnDemand (CSOD), Cimpress (CMPR), Yelp (YELP) and LivePerson (LPSN).
What other stocks do shareholders of Envestnet own?
Who are Envestnet's key executives?
Envestnet's management team includes the folowing people:
- Mr. Judson Taft Bergman, Chairman & CEO (Age 62)
- Mr. Peter H. D'Arrigo CFA, Chief Financial Officer (Age 51)
- Mr. Scott David Grinis, Chief Technology Officer (Age 57)
- Mr. William C. Crager, Chief Exec. of Envestnet Wealth Solutions (Age 55)
- Mr. Brandon Rockwell Thomas, Co-Founder & Chief Investment Officer (Age 55)
Who are Envestnet's major shareholders?
Envestnet's stock is owned by a number of of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (7.13%), Champlain Investment Partners LLC (2.24%), State Street Corp (1.95%), Fiera Capital Corp (1.31%), Geode Capital Management LLC (1.24%) and Loomis Sayles & Co. L P (1.07%). Company insiders that own Envestnet stock include Anil Arora, Brandon Thomas, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Ross K Chapin, Scott D Grinis, Shelly O'brien, Stuart Depina and William Crager. View Institutional Ownership Trends for Envestnet.
Which institutional investors are selling Envestnet stock?
ENV stock was sold by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Bank of America Corp DE, UBS Group AG, Citigroup Inc., Blair William & Co. IL, Victory Capital Management Inc., Victory Capital Management Inc. and Schonfeld Strategic Advisors LLC. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Brandon Thomas, Charles Roame, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Ross K Chapin, Scott D Grinis, Shelly O'brien, Stuart Depina and William Crager. View Insider Buying and Selling for Envestnet.
Which institutional investors are buying Envestnet stock?
ENV stock was bought by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Strycker View Capital LLC, Eaton Vance Management, FIL Ltd, Standard Life Aberdeen plc, State of New Jersey Common Pension Fund D, Spyglass Capital Management LLC and Knights of Columbus Asset Advisors LLC. View Insider Buying and Selling for Envestnet.
How do I buy shares of Envestnet?
Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Envestnet's stock price today?
One share of ENV stock can currently be purchased for approximately $78.99.
How big of a company is Envestnet?
Envestnet has a market capitalization of $4.14 billion and generates $812.36 million in revenue each year. The business services provider earns $5.76 million in net income (profit) each year or $1.25 on an earnings per share basis. Envestnet employs 3,920 workers across the globe.View Additional Information About Envestnet.
What is Envestnet's official website?
How can I contact Envestnet?
Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]
MarketBeat Community Rating for Envestnet (NYSE ENV)
MarketBeat's community ratings are surveys of what our community members think about Envestnet and other stocks. Vote "Outperform" if you believe ENV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENV will underperform the S&P 500 over the long term. You may vote once every thirty days.
